Fri, 21 Jun 2019, 1:16 AM
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Topic: Finance Ministry

The Borneo Post:
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KUALA LUMPUR: The Finance Ministry strategic investment deputy secretary told the High Court here yesterday that she was told to prepare documents for a memorandum to the Cabinet on the government’s...
theSun:
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KUALA LUMPUR: The short-term loan applications by SRC International Sdn Bhd to the Ministry of Finance to settle outstanding payments to KWAP were not tabled in the Cabinet, the High Court here was to...
theSun:
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KUALA LUMPUR: The Finance Ministry strategic investment deputy secretary told the High Court here today that she was told to prepare documents for a memorandum to the Cabinet on the government’s gua...
The Borneo Post:
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Najib during his court appearance.
Malay Mail:
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KUALA LUMPUR, June 20 — A government official testified today she was put “under duress” when she was asked to expedite the processing SRC International Sdn Bhd’s application for the first gov...
Malay Mail:
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KUALA LUMPUR, June 20 — A government official testified that she was informed by her superior to expedite the preparation of an internal memo over the granting of the first government guarantee for ...
The Star:
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PETALING JAYA: As the group copes with a hike in gaming taxes, Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay has taken a 20% voluntary pay cut.
The Star:
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PUTRAJAYA: There will be no increase in the price of cement, ending speculation of a possible 40% to 50% hike in the price.
The Star:
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KUALA LUMPUR: The High Court was told that the Federal Government has to bear a RM4.15bil balance on the principal loan and interest as of May this year from the RM4bil loan taken by SRC International Sdn Bhd in 2012.
The Straits Times:
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KUALA LUMPUR • SRC International, a former subsidiary of scandal-tainted state fund 1Malaysia Development Berhad, owes Malaysian pension fund Kumpulan Wang Persaraan (KWAP) RM4.15 billion (S$1.36 bi...
The Borneo Post:
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KUALA LUMPUR: A senior officer of the Finance Ministry told the High Court here yesterday that the government’s burden in having to make repayments for the RM4 billion loan taken by SRC Internationa...
The Borneo Post:
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PUTRAJAYA: Industry players have agreed to not increase the price of cement, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
The Edge Markets:
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KUALA LUMPUR (June 19): The National Health Protection Scheme (mySalam), a Pakatan Harapan (PH) Government initiative to help the low-income B40 group deal with financial difficulties when admitted to...
The Star:
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KUALA LUMPUR: Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay, the highest paid CEO in the country, is taking a 20% pay cut, according to a report by China Press.
theSun:
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KUALA LUMPUR: A witness told the High Court in the trial of Datuk Seri Najib Abdul Razak here today that SRC International Sdn Bhd initially stated its purpose as “investment activities and revolvin...
The Star:
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KUALA LUMPUR: The Federal Government bailed out SRC International Sdn Bhd with close to RM600mil on several occasions to avoid the company from going into an event of default (EOD) with the Retirement Fund Inc (KWAP), after it defaulted on its payments.
The Edge Markets:
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PUTRAJAYA (June 19): Industry players have agreed to not increase the price of cement, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
Malay Mail:
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PUTRAJAYA, June 19 — Industry players have agreed to not increase the price of cement, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
CarSifu:
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PUTRAJAYA: The Domestic Trade and Consumer Affairs Ministry will meet with the Finance Ministry this month to finalise the targeted fuel subsidy scheme.
EdgeProp.my:
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KUALA LUMPUR (June 19): SRC International Sdn Bhd — formerly a subsidiary of 1Malaysia Development Bhd — still owes Retirement Fund (Incorporated) (KWAP) RM4.15 billion after borrowing RM4 billion...
Malay Mail:
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KUALA LUMPUR, June 19 — SRC International Sdn Bhd would not have obtained a government guarantee in 2012 for a second RM2 billion loan from the Retirement Fund Incorporated (KWAP) without the approv...
The Star:
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KUALA LUMPUR: The Federal Government is still servicing the RM4bil loan taken by SRC International Sdn Bhd from Retirement Fund Inc (KWAP) due to the company’s failure to pay its debt.
The Edge Markets:
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KUALA LUMPUR (June 19): SRC International Sdn Bhd — formerly a subsidiary of 1Malaysia Development Bhd — still owes Retirement Fund (Incorporated) (KWAP) RM4.15 billion after borrowing RM4 billi...
The Star:
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PUTRAJAYA: The Domestic Trade and Consumer Affairs Ministry will meet with the Finance Ministry this month to finalise the targeted fuel subsidy scheme.
Malay Mail:
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KUALA LUMPUR, June 19 — SRC International Sdn Bhd’s outstanding debt to the Retirement Fund Incorporated (KWAP) stands at RM4.15 billion as of May 2019 which the federal government has to pay in f...
Malay Mail:
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KUALA LUMPUR, June 19 — SRC International Sdn Bhd was unable to repay its outstanding RM4 billion loan to the Retirement Fund Incorporated (KWAP) beginning March 2015 because its overseas bank accou...
The Edge Markets:
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KUALA LUMPUR (June 19): The National Health Protection Scheme (mySalam), a Pakatan Harapan (PH) government initiative to help the low-income group of B40 deal with financial difficulties when admitted...
Malay Mail:
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KUALA LUMPUR, June 19 — Datuk Seri Najib Razak’s administration had bailed out SRC International Sdn Bhd for a total of RM642 million between November 2015 and December 2017 after the company fail...
The Edge Markets:
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KUALA LUMPUR (June 18): The Domestic Trade and Consumer Affairs Ministry (KPDNHEP) has begun talks with cement industry players since yesterday to find out their reasons for raising the prices of the ...
EdgeProp.my:
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KUALA LUMPUR (June 18): The Domestic Trade and Consumer Affairs Ministry (KPDNHEP) has begun talks with cement industry players since yesterday to find out their reasons for raising the prices of th...
AsiaOne:
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KUALA LUMPUR - A former SRC Inter­national Sdn Bhd chairman clashed with the defence of Datuk Seri Najib Razak over the word "government", which the witness had equated with the latter in his writte...
Malay Mail:
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KUALA LUMPUR, June 18 — Datuk Seri Najib Razak and his Cabinet had approved a month-long RM100 million short-term loan sourced from government coffers to pay off accumulated interests and late payme...
Malay Mail:
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KUALA LUMPUR, June 18 — Malaysian Anti-Corruption Commission (MACC) officers did not exert any pressure to force Tan Sri Ismee Ismail to implicate Datuk Seri Najib Razak for corruption amid the form...
SoyaCincau.com:
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If you live in Cyberjaya, that is.
theSun:
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CYBERJAYA: Residents of the town will be able to enjoy food delivery service right at their doorstep with the help of drones by the end of the month (June).
The Star:
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CYBERJAYA (Bernama): Residents here will be able to enjoy food delivery service right at their doorstep with the help of drones by the end of the month.
Malay Mail:
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CYBERJAYA, June 18 — Cyberjaya residents will be able to enjoy food delivery service right at their doorstep with the help of drones by the end of the month (June).
The Star:
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KUALA LUMPUR: A former SRC Inter­national Sdn Bhd chairman clashed with the defence of Datuk Seri Najib Razak over the word “government”, which the witness had equated with the latter in his written statement.
theSun:
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PUTRAJAYA: The Government will hold discussion to refine the terms and conditions of loans imposed on borrowers, especially those who apply from the Infra Tourism Fund and Tourism Fund.
Malay Mail:
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KUALA LUMPUR, June 17 — SRC International Sdn Bhd documents submitted by former SRC International chief executive Nik Faisal Ariff Kamil may not be authentic and could be called into “question”,...
The Edge Markets:
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KUALA LUMPUR (June 17): SRC International Sdn Bhd's ex-chairman Tan Sri Ismee Ismail (pictured) maintained his view that directives from the government to the former 1MDB unit through its previous chi...
The Star:
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KUALA LUMPUR: A witness and Datuk Seri Najib Razak's defence team clashed over the word "government" the during the latter's corruption trial involving RM42mil of SRC International Sdn Bhd.
The Star:
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GEORGE TOWN: The business community in Penang have raised concerns to the Finance Ministry over the 40% price hike in cement.
theSun:
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BUTTERWORTH: The federal government will consider funding the Penang Transport Master Plan if the state government requests for assistance, said Finance Minister Lim Guan Eng.
Malaysiakini:
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The federal government is willing to consider allocating funds for the Penang Transport Master Plan (PTMP) if there is an application from the state government, says Finance Minister Lim Guan Eng.
Malay Mail:
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BUTTERWORTH, June 16 — The federal government is willing to consider if the Penang government makes an application for funding to proceed with the Penang Transport Master Plan, said Finance Minister...
The Star:
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GOMBAK: The number of contract cleaning staff at public schools has been reduced due to a change in the formula used to calculate how many are actually required.
The Borneo Post:
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Dr Chen (left) pointing at the vacant land which can be used to create additional 200 parking spaces at the Sabah Women and Children Hospital yesterday.
Malay Mail:
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ISTANBUL, June 15 ― Moody's cut Turkey's sovereign credit rating deeper into “junk” territory yesterday, saying the risk of a balance of payments crisis continued to rise, and with it the risk o...
EdgeProp.my:
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KUALA LUMPUR (June 14): The price of RON97 petrol will be reduced by 22 sen to RM2.41 per litre for the period of June 15-21, from RM2.63 per litre previously, says the Finance Ministry.
The Edge Markets:
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KUALA LUMPUR (June 14): The price of RON97 petrol will be reduced by 22 sen to RM2.41 per litre for the period of June 15-21, from RM2.63 per litre previously, says the Finance Ministry.
The Borneo Post:
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A motorist pumps petrol at a gas station.
The Star:
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PETALING JAYA: Approved foreign direct investment (FDI) for all sectors skyrocketed in the first quarter of 2019, rising 73.4% to RM29.3bil.
The Straits Times:
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KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Telekom Malaysia on Thursday (June 13) announced the appointment of its group CEO, after a year without a permanent chief and amid questions whether politi...
Malay Mail:
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KUALA LUMPUR, June 13 — Telekom Malaysia has confirmed the appointment of Datuk Noor Kamarul Anuar Nuruddin as its new CEO.
Malaysiakini:
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The federal government has formed a special joint committee headed by the Primary Industries Ministry to monitor and ensure that crude palm oil (CPO) prices will remain stable when the country impleme...
The Edge Markets:
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Flash: FDI for all sectors in 1Q19 jumps 73.4% y-o-y to RM29.3b, says Finance Ministry
The Star:
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PETALING JAYA: The Education Ministry has sent a second letter (surat ulangan) to the Finance Ministry about the need for an extra RM3bil allocation to solve the issues faced by its contract workers.
Malay Mail:
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GEORGE TOWN, June 12 — A non-governmental organisation today suggested that the four northern states should jointly come up with a comprehensive transport and development plan that benefit all state...
EdgeProp.my:
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PUTRAJAYA (June 11): The government has not come out with a decision on the targeted fuel subsidy mechanism that was proposed in the election manifesto, said Prime Minister Tun Dr Mahathir Mohamad.
The Edge Markets:
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PUTRAJAYA (June 11): The government has not come out with a decision on the targeted fuel subsidy mechanism that was proposed in the election manifesto, said Prime Minister Tun Dr Mahathir Mohamad.
The Star:
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PETALING JAYA: Three listed companies are among the front-runners to bid for the multi-billion-ringgit Sistem Kawalan Imigresen Nasional (SKIN) replacement project, which will see a new integrated immigration system for Malaysia.
The Edge Markets:
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KUALA LUMPUR (June 10): Former Pensioners Trust Fund (KWAP) CEO Datuk Azian Mohd Noh said the former prime minister and finance minister Datuk Seri Najib Razak was her "ultimate boss", thus she cannot...
Malaysiakini:
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Like the Penang government, the Finance Ministry is also unaware of any proposals to build a new airport in Seberang Perai.
Malaysiakini:
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The move to expand the mySalam scheme is encouraging but there are still gaps in the coverage, says a research organisation.
The Star:
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ANGKATAN Koperasi Kebangsaan Malaysia Bhd or Angkasa is the national apex cooperative of Malaysia and is governed by a representative system.
The Star:
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IT was the first day of Hari Raya but Iskandar Salleh was not in a celebratory mood.
Malay Mail:
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KUALA LUMPUR, June 6 — The confusion over the appointment of Telekom Malaysia (TM) Berhad’s chief executive officer (CEO) has raised concerns over Putrajaya’s meddling in the affairs of governme...
Malaysiakini:
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YOURSAY | 'Agreeing to pay is not payment itself.
The Straits Times:
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One of Malaysia's biggest companies, Telekom Malaysia, has been without a permanent chief executive since last year's general election, raising concerns over political interference from the Prime Mini...
The Straits Times:
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KUALA LUMPUR - One of Malaysia's biggest companies, Telekom Malaysia, has been without a permanent chief executive since last year's general election, raising concerns in the past week over political ...
The Star:
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KUALA LUMPUR: Those celebrating Hari Raya Aidifitri were told to mind their words and manners to help foster closer bond with fellow Muslims and Malaysians of other races.
The Straits Times:
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Malaysia's anti-graft chief Mohd Shukri Abdull has resigned and been replaced by former politician Latheefa Koya, who quit Parti Keadilan Rakyat (PKR) on Monday, a day before her appointment was publi...
Malaysiakini:
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LETTER | I refer to the Malaysiakini reports Khairuddin urges MOF to consider company interested in buying NFC and Suing me?
The Edge Markets:
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KUALA LUMPUR (June 4): Bank Simpanan Nasional (BSN) has automatically created almost 350,000 new accounts from June 3 to channel the Cost of Living Aid (BSH) 2019 to recipients.
The Edge Markets:
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KUALA LUMPUR (June 3): Khairuddin Abu Hassan has called on the Finance Ministry to consider a local company's interest in buying National Feedlot Corporation (NFC), reported Malaysiakini today.
EdgeProp.my:
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KUALA LUMPUR (June 3): Khairuddin Abu Hassan has called on the Finance Ministry to consider a local company's interest in buying National Feedlot Corporation (NFC), reported Malaysiakini today.
The Star:
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I COULDN’T agree more with Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
Malaysiakini:
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Khairuddin Abu Hassan has urged the Finance Ministry to consider a local company's interest in buying over the troubled National Feedlot Corporation (NFC) to reclaim the RM250 million defaulted loan.
theSun:
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PUTRAJAYA: The government is committed to continue reducing the country’s overall debt and liabilities rather than just the direct debt component.
theSun:
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GEORGE TOWN: Appointment to the posts of Telekom Malaysia Bhd (TM) chairman and CEO is only made on the instruction of the prime minister and there has been no such order so far, according to Finance ...
Malaysiakini:
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The newly set-up Debt Management Committee (DMC) chaired by the finance minister convened its first meeting yesterday to discuss the government’s overall debt and liabilities of RM1.1 trillion or 75...
The Star:
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PUTRAJAYA (Bernama): Bank Simpanan Nasional (BSN) will automatically open new accounts for about 300,000 recipients of the second phase of the 2019 Cost of Living Aid (BSH) who have furnished wrong account numbers, said the Finance Ministry.
Malay Mail:
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KUALA LUMPUR, May 31 — The pump price for RON97 petrol will drop by 13 sen, just ahead of the Hari Raya holidays next week.
The Star:
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PETALING JAYA: The fuel price of RON97 will decrease by 13 sen per litre while RON95 and diesel prices remain the same for the week starting Saturday (June 1).
The Star:
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I WOULD like to enlighten the writer of the letter “Family members doing the nurse’s job” (The Star, May 25) in my capacity as a former nurse and now as a customer of the nursing service.
Malay Mail:
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KUALA LUMPUR, May 29 — Former finance minister Tun Daim Zainuddin today said that the practice of government bailouts is necessary if it is done in the interest of the people.
Malay Mail:
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KUALA LUMPUR, 29 — The civil servants’ pension fund KWAP would have preferred to receive a government guarantee for its second RM2 billion loan to SRC International Sdn Bhd before releasing the fu...
theSun:
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KUALA LUMPUR: Retirement Fund Incorporated (KWAP) former chief executive officer (CEO) Datuk Azian Mohd Noh said the RM4 billion loan to SRC International Sdn Bhd was among the highest approved by the...
theSun:
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KUALA LUMPUR: Retirement Fund Incorporated (KWAP) former chief executive officer (CEO) Datuk Azian Mohd Noh said the RM4 billion loan to SRC International Sdn Bhd was among the highest approved by the...
Malay Mail:
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KUALA LUMPUR, May 28 — Former Retirement Fund Incorporated (KWAP) chief executive Datuk Azian Mohd Noh told the High Court today that she had met with Datuk Seri Najib Razak in 2011 to inform him of...
The Star:
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PUTRAJAYA: The Federal Government will be writing off outstanding water debts of states, amounting to RM3.8bil incurred between 2001 and 2018, says Prime Minister Tun Dr Mahathir Mohamad.
The Straits Times:
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Malaysian millennials like Shephanie Kuan are discovering that a university degree alone is not sufficient to land them a job.
The Star:
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SANDAKAN (Bernama): The federal government has approved a RM10.8mil allocation for the Duchess of Kent Hospital here.
Malaysiakini:
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Japan’s government said on Monday that high-tech industries will be added to a list of businesses for which foreign ownership of Japanese firms is restricted.
theSun:
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SANDAKAN: The federal government has approved an allocation of RM10.8 million for the Duchess of Kent Hospital (HDOK) here, for the purchase of new medical equipment as well as for the construction of...
Malay Mail:
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SANDAKAN, May 27 — The federal government has approved an allocation of RM10.8 million for the Duchess of Kent Hospital (HDOK) here for the purchase of new medical equipment as well as for the const...
Malaysiakini:
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The federal government has approved an allocation of RM10.8 million for the Duchess of Kent Hospital in Sandakan for the purchase of new medical equipment as well as for the construction of new a buil...
theSun:
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BUTTERWORTH: The government is planning to create a one-stop inspection system at the border in Bukit Kayu Hitam, Kedah and Danok, Thailand to facilitate the flow of trade between the two countries.
Malay Mail:
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BUTTERWORTH, May 25 — The government is planning to create a one-stop inspection system at the border in Bukit Kayu Hitam, Kedah and Danok, Thailand to facilitate the flow of trade between the two c...